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Updated almost 8 years ago, 02/08/2017
Should I do this flip? if not, why not?
Hi all,
I have the opportunity to purchase this flip, Considering there's no lean against the property, I would do this flip with this calculation, it's owned by Real Estate Broker,
Asking Price $216K
Estatimate Rehab $104K
ARV $305K-$310K
I used The FLip Calculator, for more detail, please click below, please let me know if I miss anything, the number mostly just a guesstimate, but I purposely made it bigger.
Any input would be appreciate it.